Aura Minerals holder plans sale of 383 BDRs
Aura Minerals Inc. (AUGO) has a Form 144 notice filed on behalf of Kapitalo Master III Fundo de Investimento Multimercado, which may be deemed an affiliate, for the proposed sale of 383 Brazilian depositary receipts (BDRs) of Aura Minerals on the B3 exchange.
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) has a Form 144 notice filed on behalf of Kapitalo Master III Fundo de Investimento Multimercado, which may be deemed an affiliate, for the proposed sale of 383 Brazilian depositary receipts (BDRs) of Aura Minerals on the B3 exchange.
The BDRs were acquired through open market purchases on June 12, 2025, and the planned method of sale is for cash. The notice states that Aura’s BDRs are certificates representing its common shares, with three BDRs representing one common share. The filing also lists multiple prior BDR sales by the same fund over the past three months, including several large daily transactions.
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Key Figures
Brazilian depositary receipts to be sold: 383 BDRs
Aggregate market value of BDRs listed: 11,869.45
BDR-to-common-share ratio: 3 BDRs : 1 common share
+4 more
7 metrics
Brazilian depositary receipts to be sold
383 BDRs
Proposed sale under Form 144 for Aura Minerals Inc.
Aggregate market value of BDRs listed
11,869.45
Value shown with the 383 Brazilian depositary receipts
BDR-to-common-share ratio
3 BDRs : 1 common share
Each three Brazilian depositary receipts represent one Aura Minerals common share
Largest single recent BDR sale
100,083 BDRs
Sold on September 3, 2026 by Kapitalo Master III FIM IE
Value of largest single recent BDR sale
2,934,790.42
Aggregate consideration for 100,083 BDRs sold on September 3, 2026
Acquisition date of BDRs to be sold
June 12, 2025
BDRs acquired in open market purchases
Date of Form 144 notice
September 17, 2026
Date stated for the notice of proposed sale
Key Terms
Rule 144, Brazilian depositary receipts, open market purchases, affiliate
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Brazilian depositary receipts financial
"Brazilian Depositary Receipts are certificates representing Common Shares of the Issuer."
Brazilian Depositary Receipts (BDRs) are certificates traded on Brazilian exchanges that represent ownership of shares in foreign companies, allowing local investors to buy and sell exposure to those overseas stocks without opening foreign brokerage accounts. They matter because they let investors diversify across global companies using local currency and trading hours, similar to buying a locally issued voucher for a foreign product, while still exposing portfolios to the performance and risks of the underlying foreign shares.
open market purchases financial
"Shares were acquired in the open market trades"
Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.
affiliate regulatory
"May be deemed affiliate"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Aura Minerals Inc. (AUGO) disclose in this Form 144?
A Form 144 notice was filed for the proposed sale of 383 Brazilian depositary receipts of Aura Minerals Inc. by Kapitalo Master III Fundo de Investimento Multimercado, which may be deemed an affiliate, with sales to occur for cash on the B3 exchange.
How many Aura Minerals (AUGO) Brazilian depositary receipts are covered by this Form 144?
The Form 144 covers a proposed sale of 383 Brazilian depositary receipts of Aura Minerals Inc. These BDRs were previously acquired in open market trades on June 12, 2025 and are planned to be sold for cash.
Who is selling Aura Minerals (AUGO) securities under this Form 144?
The securities are to be sold for the account of Kapitalo Master III Fundo de Investimento Multimercado, which may be deemed an affiliate of Aura Minerals Inc. The notice is signed by Joao Carlos T Pinho on September 17, 2026.
On which market are Aura Minerals (AUGO) BDRs in this Form 144 intended to be sold?
The Form 144 indicates that the Brazilian depositary receipts of Aura Minerals Inc. are to be sold on B3, the Brazilian stock exchange, with Morgan Stanley’s Institutional Equity Division identified in the securities information section.
What recent trading activity in Aura Minerals (AUGO) BDRs is listed in the Form 144?
The notice lists multiple prior BDR sales over the past three months by Kapitalo Master III FIM IE, including a sale of 100,083 BDRs on September 3, 2026 for 2,934,790.42 in aggregate consideration.
AI-generated analysis. How Rhea-AI works. Not financial advice.
